Spruce Power Holding SPRU
NYSE SPRU
$1.74 -0.04 (-2.25%)
As of: Sep 9, 2026 · 3:13 PM EDT

Spruce Power Holding (SPRU) Operating Expenses (2019 - 2026)

Spruce Power Holding's (SPRU) quarterly Operating Expenses came in at $20.6 million in Q2 2026, down 15.58% year-over-year from $24.4 million in Q2 2025, and down 5.55% quarter-over-quarter from $21.8 million in Q4 2025.

Analysis

Spruce Power Holding (SPRU) Operating Expenses (2019 - 2026) Analysis & Trends

Spruce Power Holding has disclosed Operating Expenses across 8 years of filings, most recently posting $20.6 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 15.58% year-over-year to $20.6 million; the TTM figure through Jun 2026 stood at $89.0 million (down 34.14% YoY), while the FY2025 annual figure was $93.9 million, down 29.15% from the prior year.
  • Operating Expenses came in at $20.6 million for Q2 2026 at Spruce Power Holding, down from $21.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $58.5 million in Q3 2024 to a low of $7.7 million in Q1 2022.
  • Average Operating Expenses over 5 years is $26.3 million, with a median of $24.2 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 440.12% in 2022 and slumped 62.0% in 2025.
  • Over 5 years, Operating Expenses stood at $35.7 million in 2022, then plunged by 32.2% to $24.2 million in 2023, then gained by 10.14% to $26.7 million in 2024, then fell by 18.33% to $21.8 million in 2025, then decreased by 5.55% to $20.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $20.6 million in Q2 2026, $21.8 million in Q4 2025, and $22.2 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AXIA Energia 30.38 Bn 28.06 Bn 2.59 Bn -681.17 Mn
2 Enlight Renewable Energy 9.46 Bn 8.24 Bn 117.49 Mn -118.69 Mn
3 Brookfield Renewable Partners 7.85 Bn 784.43 Mn 927.00 Mn 783.00 Mn
4 Ormat Technologies 6.08 Bn 5.42 Bn 68.70 Mn 27.07 Mn
5 Clearway Energy 3.54 Bn 3.20 Bn 332.00 Mn 365.00 Mn
6 ReNew Energy Global 2.50 Bn 2.11 Bn - 418.00 Mn
7 XPLR Infrastructure 1.11 Bn 1.11 Bn 219.00 Mn 304.00 Mn
8 Ellomay Capital 272.90 Mn 82.77 Mn 3.55 Mn -5.55 Mn
9 Eco Wave Power Global AB (publ) 263.98 Mn 255.83 Mn - -769,000.00
10 Spruce Power Holding 32.40 Mn -49.14 Mn 23.10 Mn 20.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.57 Mn
Dec 31, 2025 21.78 Mn
Sep 30, 2025 22.24 Mn
Jun 30, 2025 24.37 Mn
Mar 31, 2025 25.51 Mn
Dec 31, 2024 26.67 Mn
Sep 30, 2024 58.54 Mn
Jun 30, 2024 25.84 Mn
Mar 31, 2024 21.88 Mn
Dec 31, 2023 24.21 Mn
Sep 30, 2023 47.77 Mn
Jun 30, 2023 23.79 Mn
Mar 31, 2023 20.91 Mn
Dec 31, 2022 35.71 Mn
Sep 30, 2022 29.26 Mn
Jun 30, 2022 9.78 Mn
Mar 31, 2022 7.73 Mn
Dec 31, 2021 -10.50 Mn
Sep 30, 2021 18.47 Mn
Jun 30, 2021 13.63 Mn